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AVDR News

US IPO Weekly Recap: Blue jeans are back as Levi's preps March IPO

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Levi Strauss (LEVI) is bringing its blue jeans back to public markets. This week the company filed for an IPO that we estimate could raise $750 million, coming as early as March. It's no wonder Levi is going public, based on its 2017 and 2018...read more

Avedro prices IPO at $14, the low end of the range

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Avedro, which sells ophthalmic drug device systems used in treating corneal disorders, raised $70 million by offering 5 million shares at $14, the low end of the $14 to $16 range. At pricing, Avedro commands a fully diluted market capitalization of $270 million...read more

US IPO Week Ahead: On track for 7 IPOs, led by Virgin Trains USA

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Railroad IPOs were hot in the 1850's, but two billionaires are bringing the industry back this week with an offering of Virgin Trains USA. In total, the week could see up to seven deals, but Virgin Trains USA's $510 million IPO is larger than the other six...read more

Ophthalmic medical device maker Avedro sets terms for $75 million IPO

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Avedro, which sells ophthalmic medical systems used in treating corneal disorders, announced terms for its IPO on Monday. The Waltham, MA-based company plans to raise $75 million by offering 5 million shares at a price range of $14 to $16. At the midpoint...read more